FRS 0.00% 4.2¢ forrestania resources limited

rail haulage update , page-6

  1. 667 Posts.
    Zadz - FRS have proven management - proven tenements - two mining licences on their way - a tightly held register - strong (useful) partnerships (including BHPB) and as you say - within close proximity of rail in Jimblebar.

    FRS have proven themeslves to be fairly accurate in the timing of drill results and we should see a steady stream of these over the coming 4-6 months.

    They have plently of cash in the bank - a recent (big) chinese backer in Western Mining and if results keep coming like they have been doing so over the past 12 months - shareholders should be well rewarded IMHO.

    All of FRS tenements are execellent but IMO the one to watch closely is Davidson Creek/Taipan. FRS appear to be VERY bullish on this tenement specifically - more so than Robertson Range which was its orginal company maker tenement (first mining licence applied for and approval soon?)

    In fact, I would not be supprised to see Davidson Creek infrastructure planning now done before Robbo because of how its shaping up... Time will tell naturally, but it all good nonetheless.

    Kooyong
 
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